United Security: Dividend Insights
Portfolio Pulse from Benzinga Insights
United Security (NASDAQ:UBFO) has announced a quarterly dividend of 12 cents per share, payable on July 24, 2023. The stock will go ex-dividend on Friday, meaning it will likely open 12 cents lower. Shareholders owning the stock by the end of Thursday's session will be eligible for the dividend.
July 04, 2023 | 2:45 pm
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United Security's announcement of a 12 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not a reflection of the company's performance.
When a stock goes ex-dividend, it typically opens lower on the ex-dividend date to reflect the payout. This is a normal part of the dividend process and does not reflect negatively on the company's performance. Investors who own the stock prior to the ex-dividend date are eligible to receive the dividend.
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